Ask question

Ask question

All categories

3 years ago

14

What will a $190,000 house cost 8 years from now if the price appreciation for homes over that period averages 7 percent compoun

ded annually? The future house of the cost will be $_____ (URGENT!)

1 answer:

den301095 [7]3 years ago

6 0

$\text{Hello there!}\\\\\text{Use the appreciation formula to find the future cost of the house:}\\\\A=P(1+r)^t\\\\\text{P = principal}\\\\\text{r = rate}\\\\\text{t = time}\\\\\text{Plug in data from question and solve:}\\\\A=190,000(1+0.07)^8\\\\A=190,000(1.07)^8\\\\A=190,000(1.7181861798319201)\\\\A=326,455.374\\\\\text{Round to the nearest hundredths place}\\\\\boxed{\$326,455.37}$

You might be interested in

Serena has 3 necklaces, 6 pairs of earrings, and 4 bracelets in her jewelry box. How many different combinations of a necklace,

Ugo [173]

13 different combinations

4 0

3 years ago

Read 2 more answers

If S (3,-4) is translated 5 units left and 3 units up, what is the ordered pair of S?<br>

sleet_krkn [62]

Answer:

(-2,-1)

Step-by-step explanation:

3-5=-2

-4+3=-1

6 0

4 years ago

Write an inequality to represent the following scenario: Hagrid’s goal at the National Hotdog Eating Contest is to consume 32 ho

kotykmax [81]

To find the value of a variance add and subtract the variance from the original number.

The original number is 32 hot dogs.

The variance is 5 hot dogs.

32-5 = 27

32 + 5 = 37

This means he needs to eat between 27 and 37 hot dogs.

he inequality with variance is written as: 27 < h < 37

6 0

3 years ago

Read 2 more answers

WITCHER [35]

Answer:

The cosine of the angle is: negative

The sine of the angle is: positive

Step-by-step explanation:

5 0

3 years ago

Write (2x - 5)2 as a trinomial.

solniwko [45]

Answer:

$4x^2-20x+25$

Step-by-step explanation:

$(2x-5)^{2} \\(2x)^2+2(2x)(-5)+(-5)^2\\4x^2-20x+25$

7 0

3 years ago

Read 2 more answers